Skip to main content
https://www.highperformancecpmgate.com/rgeesizw1?key=a9d7b2ab045c91688419e8e18a006621

China continues 5G push despite economic slowdown and Huawei setbacks

China will fast-track the issuance of commercial licenses for 5G as part of a national plan to boost consumer spending, said a notice published this week by the National Development and Reform Commission. The move appears to be multifaceted, for 5G plays a key role in China’s bid to lead the global technology race and one of its biggest 5G champions, Huawei, has been facing troubles on a global scale.

In its statement, the economic regulator calls on local governments to support the promotion and showcase of services utilizing the super-fast network technology. Ultra-high definition TVs, virtual/augmented reality handsets and other futuristic products will be eligible for government subsidies, though the regulator didn’t outline the detailed criteria.

The acceleration of 5G licenses comes as Beijing copes with a weakening national economy, a move that will “drum up demand with upgraded technology experiences across devices, automotive and manufacturing leveraging 5G technology,” said Neil Shah, research director at Counterpoint Research, to TechCrunch. 5G is on course to generate 6.3 trillion yuan ($947 billion) worth of economic output and 8 million jobs for China by 2030, according to estimates from the China Academy of Information and Communications Technology.

US announces criminal charges against Huawei, seeks to extradite its CFO

Beijing has been gearing up to be the world leader in the next-generation network tech, pouring resources into 5G research and infrastructure. But it has been hit with a speed bump overseas as western countries grow increasingly wary of spy threat posed by Chinese 5G equipments. A souped-up domestic drive, therefore, could help neutralize some of the global setbacks faced by its 5G crown jewels like Huawei.

The U.S. and Australia have banned local firms from procuring equipment from Huawei, and Canada and the U.K. are currently reviewing whether to continue using 5G parts made by the Chinese telecom equipment giant. Meanwhile, Huawei is facing a list of criminal charges from the U.S. for stealing state secrets and its financial chief Meng is accused of bank fraud.

“Aaccelerating 5G licenses should indirectly help Huawei gain competitive edge for 5G considering it will be supplying solutions to the world’s largest mobile cellular market, China,” observes Counterpoint’s Shah. “This also gives Huawei an early platform to showcase its technology to the world and attract more global business.”

Huawei has continued with its 5G push despite being dogged by a string of global woes. Last week, the Shenzhen-based conglomerate unviled a 5G chipset for multiple commercial uses across smartphones, home and work. The chip, dubbed the Balong 5000, will be launching in February at a Barcelona tech trade show.

Comments

Post a Comment

Popular posts from this blog

Uber co-founder Garrett Camp steps back from board director role

Uber co-founder Garrett Camp is relinquishing his role as a board director and switching to board observer — where he says he’ll focus on product strategy for the ride hailing giant. Camp made the announcement in a short Medium post in which he writes of his decade at Uber: “I’ve learned a lot, and realized that I’m most helpful when focused on product strategy & design, and this is where I’d like to focus going forward.” “I will continue to work with Dara [Khosrowshahi, Uber CEO] and the product and technology leadership teams to brainstorm new ideas, iterate on plans and designs, and continue to innovate at scale,” he adds. “We have a strong and diverse team in place, and I’m confident everyone will navigate well during these turbulent times.” The Canadian billionaire entrepreneur signs off by saying he’s looking forward to helping Uber “brainstorm the next big idea”. Camp hasn’t been short of ideas over his career in tech. He’s the co-founder of the web 2.0 recommendatio...
Post a Comment
Read more

Drone crash near kids leads Swiss Post and Matternet to suspend autonomous deliveries

A serious crash by a delivery drone in Switzerland have grounded the fleet and put a partnership on ice. Within a stone’s throw of a school, the incident raised grim possibilities for the possibilities of catastrophic failure of payload-bearing autonomous aerial vehicles. The drones were operated by Matternet as part of a partnership with the Swiss Post (i.e. the postal service), which was using the craft to dispatch lab samples from one medical center for priority cases. As far as potential applications of drone delivery, it’s a home run — but twice now the craft have crashed, first with a soft landing and the second time a very hard one. The first incident, in January, was the result of a GPS hardware error; the drone entered a planned failback state and deployed its emergency parachute, falling slowly to the ground. Measures were taken to improve the GPS systems. The second failure in May, however, led to the drone attempting to deploy its parachute again, only to sever the line...
Post a Comment
Read more

How the world’s largest cannabis dispensary avoids social media restrictions

Planet 13 is the world’s largest cannabis dispensary. Located in Las Vegas, blocks off the Strip, the facility is the size of a small Walmart. By design, it’s hard to miss. Planet 13 is upending the dispensary model. It’s big, loud and visitors are encouraged to photograph everything. As part of the cannabis industry, Planet 13 is heavily restricted on the type of content it can publish on Instagram, Facebook and other social media platforms. It’s not allowed to post pictures of buds or vapes on some sites. It can’t talk about pricing or product selection on others.   View this post on Instagram   A post shared by Morgan Celeste SF Blogger (@bayareabeautyblogger) on Jan 25, 2020 at 7:54pm PST Instead, Planet 13 encourages its thousands of visitors to take photos and videos. Starting with the entrance, the facility is full of surprises tailored for the ‘gram. As a business, Planet 13’s social media content is heavily restricted a...
3 comments
Read more